HI HB540

Allows qualified film productions to provide alternative marketing opportunities approved by the Department of Business, Economic Development, and Tourism instead of a required shared-card, end-title screen credit.

Reduces the maximum tax credit per qualified production from $15,000,000 to $12,500,000.

Increases the annual aggregate cap on motion picture, digital media, and film production income tax credits from $35,000,000 to $45,000,000.

Requires the Department of Business, Economic Development, and Tourism to report to the legislature on approved alternative marketing opportunities and production companies choosing the traditional end-title screen credit option.

Effective July 1, 2019, with no excess credits allowed to be claimed after December 31, 2025.